I'm extremely skeptical that this kind of study can tell us anything about the relative value of remote vs in-office work. When it comes to early stage startup

I'm extremely skeptical that this kind of study can tell us anything about the relative value of remote vs in-office work. When it comes to early stage startups, success is going to hinge on the founders and early hires ability to focus and execute on the right things. What those "right things" are is nebulous (hence the challenge of startups!), but I'm quite sure that remote vs in-office is not one of those inflection points (unless it is! in a specific case!). I'd further postulate that VCs who use remote vs in-office as a meaningful investment signal will do nothing but water down their ability to find the outliers in their non-preferred segment. At this point it's pretty clear that remote vs in-office has a huge list of pros and cons on both sides, many of which could be showstoppers for specific individuals or businesses, but none of which are universal. It's a tradeoff. As with all tradeoffs you should make it with your specific context in mind. A founder who is keying off a study like this because they think data > gut feelings does not have what it takes to be a successful founder.